Abstract

In this paper, we develop an agent-based simulation model in NetLogo to model entrepreneurs in economic environments with various levels of corruption (using the income potential from unproductive opportunities relative to productive opportunities as a proxy for this). The income potential from unproductive opportunities, and how easily productive entrepreneurs can be enticed into transitioning into exploiting unproductive opportunities, are critical parameters in determining to what extent unproductive and productive forms of entrepreneurship are engaged in by entrepreneurs. The results suggest that the corruptibility of productive entrepreneurs has a strong effect on increasing economy-wide earnings from unproductive forms of entrepreneurship, and that the earnings potential of unproductive opportunities plays an important role in influencing how entrepreneurial earnings are distributed.

THE OREGON STATE UNIVERSITY AWARD FOR THE BEST PAPER ON THE TOPIC OF ETHICS IN ENTREPRENEURSHIP

Share

COinS